The Paradox of Thrift Resolved Posted by chdwr 0 Simonsky, Yes, for instance the paradox of thrift is actually simply the refusal to acknowledge that the economic system is basically disequilibrated by a continual and dynamic scarcity of total individual incomes in simultaneous ratio to total costs/prices, and that a continuing supplement to individual incomes would resolve the individual aspect of that problem and a discount to prices to consumers by retail merchants that was rebated back to them would resolve the cost/price aspect of the problem. Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Like Loading... Related
